Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk ...
If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.
During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...
The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...
President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...
The bill would completely overhaul the U.S. taxation system and essentially disband the Internal Revenue Service.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...